Financial Desk

The most hated man in high tech? That's easy: Bill Lerach. William S. Lerach is by most accounts the most prolific and successful practitioner of the class action that accuses companies of securities fraud.

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Peter J. Henning of DealBook's White Collar Watch looks at how federal prosecutors and regulatory agencies are increasingly focusing on lawyers and others who enable corporate fraud along with the officers and directors who orchestrate it.

Prosecutors are expected to file charges tomorrow against Melvyn I. Weiss, as part of an investigation into whether his firm, Milberg Weiss, paid kickbacks to people to serve as named plaintiffs in class-action lawsuits.